1 month ago
Indian Overseas Bank Launches RuPay NCMC and Gift Cards
Indian Overseas Bank has teamed up with CARD91 to launch new prepaid cards.
These include RuPay NCMC cards for easy travel payments like metro, bus, and parking, and Gift Cards for gifting.
The cards can be managed through a mobile app, allowing users to check balances, see transaction history, and reload funds.
This partnership helps the bank offer more useful prepaid programs to its customers, making everyday tasks like travel and gifting easier and more digital.
CARD91 provided the technology to make this happen quickly and securely.
Indian Overseas Bank has launched RuPay NCMC and Gift Cards in partnership with CARD91.
The RuPay NCMC cards are designed for daily mobility needs like metro, bus, and parking payments.
Gift Cards offer a convenient gifting solution.
Customers can manage their cards through a mobile app available on both the Play Store and App Store.
CARD91 provided a compliant technology stack to ensure smooth rollout and servicing.
- Who
- Indian Overseas Bank and CARD91
- What
- Launch of RuPay NCMC and Gift Cards
- Where
- Bengaluru, Karnataka, India
- When
- July 21
- Why
- To expand product portfolio and offer convenient digital solutions for customers
Bank's Perspective
Customer Perspective
Program Relevance
Bank's Perspective
Indian Overseas Bank aims to expand its product portfolio and offer convenient digital solutions for customers.
Customer Perspective
Customers gain access to seamless mobility and gifting solutions, enhancing their daily lives.
Technology and Compliance
Bank's Perspective
CARD91 provides a modern, compliant technology stack to ensure smooth rollout and servicing.
Customer Perspective
Customers benefit from a seamless digital experience with easy card management through a mobile app.
Key facts
- Bank
- Indian Overseas Bank
- Partner
- CARD91
- Capabilities Launched
- RuPay NCMC and Gift Cards
- Technology Provider
- CARD91
- Mobile App Availability
- Play Store and App Store
- CEO of CARD91
- Ajay Pandey
- Bank Founded
- February 10, 1937
- Bank Founder
- Shri M.Ct.M. Chidambaram Chettyar
Quotes
Ajay Pandey
CEO of CARD91
“Prepaid programs become more meaningful when they are built around real customer needs and supported by the right technology foundation. We are pleased to support Indian Overseas Bank in taking its PPI program live with RuPay NCMC capability and Gift Cards within an accelerated timeline. This launch reflects CARD91’s ability to help banks move from product design to market readiness with speed, control, and operational efficiency.”
theprint.in
Sources
Related news
Coders drive GPU laptop demand in India's premium PC market
Mumbai Class 6 Textbook Introduces AI, Python And Machine Learning
Jefferies Favors HAL, BEL and Data Patterns Over BHEL
Andhra Pradesh Replacing 10.5 Lakh Street Lights With Smart LEDs
Cardiff Student Earns 14 A*s After Rigorous 4 AM Routine
Supreme Court Collegium Recommends Chief Justices for Four High Courts
Selective UPI MDR Debate Shifts Toward Merchant Intelligence and Fairness
